Whistleblower News From The Inside -- October 23, 2015
By the C|C Whistleblower Lawyer Team
Barclays, HSBC, RBS, Goldman and BNP settle Forex class action for more than $1B — The action is on behalf of multinational companies, as well as hedge funds and pension funds, who claimed they had lost out as a result of forex rigging by the banks. Evening Standard
SEC announces enforcement results for FY 2015 — In the fiscal year that ended in September, the SEC filed 807 enforcement actions covering a wide range of misconduct, including a record 507 that were independent actions, obtained orders totaling approximately $4.2 billion in disgorgement and penalties. SEC
Two clinical psychologists charged in $25M Medicare fraud scheme — Beverly Stubblefield and John Teal are alleged to have participated in a scheme to bill for psychological testing for nursing home residents that were not necessary or never provided. DOJ
25 charged in National Guard recruiting conspiracy — “Twenty-five current and former soldiers are the latest to face federal charges of conspiracy, wire fraud and aggravated identity theft for their alleged actions relating to the National Guard’s troubled and now-defunct Recruiting Assistance Program.” ArmyTimes
Whistleblower who sued Citibank for $800m speaks up – Indiana University Professor Eric Rasmusen, who filed suit in September against Citigroup claiming violation of the New York False Claims Act and the State Finance Law, explained that his “ultimate motivations are both justice, and the money that I’ll get, which I will be donating to charity….[I think] when the government excuses taxes it shouldn’t, that it be publicized and brought to light.” Legal News Line
New Mexico secretary of state resigns amid fraud charges — Dianna Duran’s resignation comes almost two months after Attorney General Hector Balderas filed a criminal complaint accusing her of misusing campaign donations by funneling some $13,000 into personal accounts and filing false campaign finance reports with her own office. Washington Times